Yes, thank you. I've taken the exclusion for years. I've never exceeded the income allowed for exclusion until this year. I've never deducted my Oz mortgage expense or other actual US deductible expenses because it was more work and didn't provide more savings. This time, though, I think I'm going to have to utilize that.
My initial question, that I wanted to see if there was a non-obvious answer to, was whether ALL of the redundancy payout would be reportable on the US tax return or if the part that is not taxable by Oz might also be not reportable/taxable by US. (Wishful thinking?)
